News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance.
Its no secret that average BI severities are rising. While some of this is driven by medical inflation, there are other components that can be controlled.
Even though many claims involved shared liability, insurers assess comparative negligence in just 3 to 5 percent of claims. These tools, strategies can improve assessments and the bottom line.